AVQ 0.00% 2.5¢ axiom mining limited

Axiom soars..., page-46

  1. 33 Posts.
    lightbulb Created with Sketch. 23
    Come on Deet you are better than this. You are referring to the application for a prospecting licence. If Axiom don't come to terms there is nothing stopping the board informing Axiom that their application is unsuccessful in the Act.

    Item 21 Acquisition of surface access rights for prospecting:

    (6) Where no agreement is reached between the applicant and the landowners at the end of the period specified in the letter of intent, the Board may -
    (a) where it is satisfied that bona fide attempts have been made by the applicant to negotiate with the landowners or land holding groups, extend the said period; or
    (b) where it is satisfied that sufficient attempts to negotiate have not been made, inform the applicant that his application is unsuccessful.
    I assume Axiom has requested an extension under (a)...but that is in the hands of the board it only says they may choose to extend it - they may choose not to as well.
 
watchlist Created with Sketch. Add AVQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.